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Opening paragraph of The Fine Article's linked Forbes source: > On July 26, 2016, the Office of the Inspector General (OIG) issued a report “Army General Fund
by rosser 8y ago
Opening paragraph of The Fine Article's linked Forbes source:
> On July 26, 2016, the Office of the Inspector General (OIG) issued a report “Army General Fund Adjustments Not Adequately Documented or Supported”. The report indicates that for fiscal year 2015 the Army failed to provide adequate support for $6.5 trillion in journal voucher adjustments. According to the GAO's Comptroller General, "Journal vouchers are summary-level accounting adjustments made when balances between systems cannot be reconciled. Often these journal vouchers are unsupported, meaning they lack supporting documentation to justify the adjustment or are not tied to specific accounting transactions…. For an auditor, journal vouchers are a red flag for transactions not being captured, reported, or summarized correctly." [1]
This isn't actually necessarily money that's been spent illegitimately or secretly, or something. It sounds more like sloppy bookkeeping.
Note also that the author also writes for RT. It doesn't make him wrong, but it does invite scrutiny into the underlying narratives this piece was penned to support; they probably aren't just on the level of "Army bad at accounting."
[1] https://www.forbes.com/sites/kotlikoff/2017/12/08/has-our-government-spent-21-trillion-of-our-money-without-telling-us/#134b46da7aef https://www.forbes.com/sites/kotlikoff/2017/12/08/has-our-go...